Millennium Bank (Des Plaines, IL)
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Data as of · sourced from FFIEC call reports. How we update
Millennium Bank is an FDIC-insured commercial bank headquartered in Des Plaines, IL, established in 2007 (FDIC certificate 58348), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $844.5M, up 1.8% from Q2 2025, the 60th largest of 319 banks headquartered in Illinois. It reports no CET1 ratio; its Tier 1 leverage ratio was 9.41% at Q2 2026, above the 9% community bank leverage ratio requirement for being considered well capitalized.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 58348
- Headquarters
- Des Plaines, IL
- Established
- 2007
- Total assets, Q2 2026
- $844.5M
- Assets vs Q2 2025
- +1.8%
- Tier 1 leverage ratio, Q2 2026
- 9.41%
- Domestic offices
- 3 FDIC institution directory, current count
- Routing number
- 071926731
- Holding company
- MILLENNIUM BANCORP, INC.
- Asset rank in state
- 60th of 319 in Illinois
Problem loans are rising at Millennium Bank. Its balance sheet stood at $844 million at June 30, 2026, up 1.8% from a year earlier; it is based in Des Plaines, Illinois. Loans on nonaccrual or 90 or more days past due, net of government guarantees, rose to 4.37% of loans from 2.31% a year earlier. It pays an average of 3.40% on its deposits and borrowings, about double the median of 1.80% for the 2,660 banks with $100 million to $1 billion in assets. It also holds commercial real estate loans worth 3.9 times its capital, about triple the median of 1.2 times for banks its size.
The commercial and industrial book ($89 million) is worsening: 6.26% of it is past due or on nonaccrual, up from 1.08% a year earlier. Its $256 million non-owner-occupied commercial real estate book is improving, with 4.59% past due or on nonaccrual, down from 5.14% a year earlier. Credit is the area to watch: it carries problem assets equal to 35.0% of the capital and reserves that would absorb them, 13.3 times the median of 2.6% for banks its size.
As of June 30, 2026, Millennium Bank reported a return on assets of 0.58%, a nonperforming-loan ratio of 4.37% and a Texas ratio of 35.03%. The figures come from its call report filed with the FFIEC.
By total assets at Q2 2026, Millennium Bank is the 60th largest of the 319 banks headquartered in Illinois. Quarter on quarter (Q1 2026 to Q2 2026), its total assets rose 1.1% to $844.5M, loans fell 1.3% and deposits rose 2.1%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 38.4% of total loans, ahead of owner-occupied commercial real estate loans at 19.1%. The FDIC Summary of Deposits lists 3 offices for it, in Des Plaines, IL, Oak Brook, IL and Chicago, IL; its Des Plaines office books 77% of its branch deposits. By the capital ratios in its Q2 2026 call report, Millennium Bank meets the community bank leverage ratio test for well capitalized.
Headquarters Profile
- Address
- 2077 Miner St, Des Plaines, IL 60016
- County
- Cook
- Metro Area
- Chicago-Naperville-Elgin, IL-IN
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- Chicago (Region 9)
- Federal Reserve member
- No
- Federal Reserve district
- District 7, Chicago
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- July 2, 2007
- Domestic offices
- 3 FDIC institution directory, current count
- Employees (FTE)
- 71
- Domestic deposits
- $693.2M
- Allowance for credit losses
- $10.3M
- Net charge-offs (YTD)
- $782K
- Average total assets
- $825.7M
- Average total loans
- $672.2M
- Average interest-bearing deposits
- $653.0M
- Tax status
- Subchapter S
- Ownership
- Stock
- Community bank
- Yes
- FDIC-insured since
- July 2, 2007
- FDIC Cert
- 58348
- Fed RSSD
- 3547896
- Website
- www.mb.bank →
- Parent Holding Company
- MILLENNIUM BANCORP, INC. (RSSD 3547887)
Profitability
Q2 annualizedBalance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. As a community bank leverage ratio filer, Millennium Bank reports no risk-based capital ratios; its Tier 1 leverage ratio applies. How we compute these figures
Quarterly trends
Over the 12 quarters to Q2 2026, Millennium Bank's total assets ran between $430.7M (Q3 2023) and $844.5M (Q2 2026), and it earned a profit in 11 of the 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$844.5M total assets against $829.7M; $765.1M total liabilities against $751.9M.
$657.3M net loans and leases against $618.7M; $693.2M total deposits against $659.6M.
$496K securities against $37.6M; $149.6M cash and balances due against $135.6M.
$12.4M total interest income against $12.5M; $6.3M total interest expense against $6.8M.
$6.1M net interest income against $5.7M.
$958K total noninterest income against $1.1M; $4.9M total noninterest expense against $6.5M.
$784K provision for credit losses against $1.5M.
$1.2M net income against -$1.3M.
0.58% return on assets against -0.66%; 3.05% net interest margin against 3.09%.
9.41% tier 1 leverage ratio against 9.73%.
Inside the full Millennium Bank terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Nonperforming loans (nonaccrual loans plus loans 90 or more days past due) exceed 3% of total loans. BankRegReports band at 3% of total loans.
Commercial real estate loans exceed 300% of total capital, the threshold at which the 2006 interagency guidance flags a bank for heightened supervisory scrutiny. CRE concentration has been the central stress vector for regional banks since 2023. 2006 Interagency CRE Concentration Guidance (SR 07-1).
Millennium Bank rankings
Its closest position to the top of a national ranking is 43 of 3,640, for Texas Ratio; its furthest is 3,163 of 3,611, for ROA.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from -0.66% (Q2 2025) to 1.92% (Q4 2024) and its net interest margin ran from 2.88% (Q4 2025) to 3.40% (Q4 2024).
| Quarter | Leverage | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 9.41% | 0.58% | 4.37% | 35.03% | 3.05% |
| Q1 2026 | 9.65% | 0.63% | 4.43% | 36.00% | 2.97% |
| Q4 2025 | 9.79% | 0.24% | 3.89% | 31.27% | 2.88% |
| Q3 2025 | 9.43% | 0.88% | 2.66% | 21.80% | 3.16% |
| Q2 2025 | 9.73% | -0.66% | 2.40% | 20.93% | 3.09% |
| Q1 2025 | 11.26% | 1.89% | 2.16% | 14.43% | 3.14% |
| Q4 2024 | 12.57% | 1.92% | 1.91% | 11.47% | 3.40% |
| Q3 2024 | 14.37% | 0.66% | 4.57% | 15.22% | 3.29% |
Swipe the table sideways to see every column.
Branch Network
View all 3 branches → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Millennium Bank (main office) | Des Plaines , IL | 60016 | $534.9M |
| Oak Brook Branch | Oak Brook , IL | 60523 | $111.4M |
| Pulaski Savings Bank Branch | Chicago , IL | 60608 | $46.9M |
Events & Regulatory History
Mergers, charter changes, enforcement actions, FDIC assistance, and (if applicable) failure events recorded against this institution. Click a year to see what else was happening across US banking that year.
| Date | Category | Event | Source |
|---|---|---|---|
| January 18, 2025 | Structure Change | Acquired Pulaski Savings Bank Failure, Government Assistance Provided for the acquired bank | FFIEC NIC |
| January 17, 2025 | Merger | Participated in FDIC Assisted Merger | FDIC |
Sourced from the bank event history (FDIC, Federal Reserve NIC, OCC, and OTS). Showing the most recent 2 events.
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- <0.1% of deposits in IL, rank 79 of 379 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- SBA 7(a) lending
- 16 loans, $46.2M approved, $2.9M average. 0.00% of that year's loans have since been charged off
- Period: Federal fiscal year 2025 (October to September). Source: SBA 7(a) and 504 loan data (FOIA).
- Not on file
- Enforcement actions, Mortgage lending (HMDA), Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Millennium Bank
What are Millennium Bank's total assets?
As of the Q2 2026 filing, Millennium Bank reported total assets of $844.5 million in its FFIEC call report.
Where is Millennium Bank headquartered?
It is headquartered in Des Plaines, IL, United States.
When was Millennium Bank founded?
It was established in 2007, per the FDIC institution directory.
Is Millennium Bank FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #58348). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Millennium Bank?
Millennium Bank's primary federal regulator is the FDIC.
How many branches does Millennium Bank operate?
It operates 3 domestic offices, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Millennium Bank's Texas Ratio?
Its Texas Ratio is 35.03% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
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